Sales and marketing director Graham Jones says low interest rates have been advantageous to firm
Mereway Kitchens has made its TV debut, having been featured on ITV, as part of a news story about the improving local economy.
It was in response to the Bank of England which announced interest rates were to remain at 0.5% for the immediate future.
Sales and marketing director at Mereway Kitchens, Graham Jones spoke to economics editor Richard Edgar, saying the low rates have been to the company’s advantage.
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He said it kept homeowners borrowing at cheap rates, encouraging them to spend money on improving their homes.
A Mereway Kitchens customer also featured in the news item, who had bought a kitchen through independent retailer Classic Kitchens in Redditch, agreed he was able to borrow to invest in his home due to low rates.
Mereway Kitchens is a family-owned company based in the Midlands and manufacturers the brands Cucina Colore, Complete Kitchen Collection, and the recently revamped English Revival, which includes the Modern Classic range.